2018 Form 10-K Financial Statement
#000110465918074460 Filed on December 21, 2018
Income Statement
| Concept | 2018 |
|---|---|
| Revenue | $13.85M |
| YoY Change | -17.51% |
| Cost Of Revenue | $7.310M |
| YoY Change | -15.69% |
| Gross Profit | $6.540M |
| YoY Change | -19.46% |
| Gross Profit Margin | 47.22% |
| Selling, General & Admin | $6.670M |
| YoY Change | 78.34% |
| % of Gross Profit | 101.99% |
| Research & Development | $3.580M |
| YoY Change | -19.73% |
| % of Gross Profit | 54.74% |
| Depreciation & Amortization | $440.0K |
| YoY Change | -2.22% |
| % of Gross Profit | 6.73% |
| Operating Expenses | $10.25M |
| YoY Change | 25.15% |
| Operating Profit | -$3.710M |
| YoY Change | 5200.0% |
| Interest Expense | $50.00K |
| YoY Change | 25.0% |
| % of Operating Profit | |
| Other Income/Expense, Net | $70.00K |
| YoY Change | -98.56% |
| Pretax Income | -$3.590M |
| YoY Change | -174.48% |
| Income Tax | $60.00K |
| % Of Pretax Income | |
| Net Earnings | -$3.650M |
| YoY Change | -179.87% |
| Net Earnings / Revenue | -26.35% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$217.1K |
| COMMON SHARES | |
| Basic Shares Outstanding | 16.81M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2018 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $20.40M |
| YoY Change | -17.41% |
| Cash & Equivalents | $20.40M |
| Short-Term Investments | |
| Other Short-Term Assets | $500.0K |
| YoY Change | -37.5% |
| Inventory | $4.300M |
| Prepaid Expenses | |
| Receivables | $3.400M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $28.70M |
| YoY Change | -16.08% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $8.800M |
| YoY Change | 31.34% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $200.0K |
| YoY Change | 100.0% |
| Total Long-Term Assets | $8.900M |
| YoY Change | 30.88% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $28.70M |
| Total Long-Term Assets | $8.900M |
| Total Assets | $37.60M |
| YoY Change | -8.29% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $1.500M |
| YoY Change | 15.38% |
| Accrued Expenses | $1.500M |
| YoY Change | -16.67% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $3.300M |
| YoY Change | -2.94% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | |
| YoY Change | |
| Total Long-Term Liabilities | $0.00 |
| YoY Change | |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $3.300M |
| Total Long-Term Liabilities | $0.00 |
| Total Liabilities | $3.500M |
| YoY Change | 2.94% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | |
| YoY Change | |
| Common Stock | |
| YoY Change | |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | $34.20M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $37.60M |
| YoY Change | -8.29% |
Cashflow Statement
| Concept | 2018 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$3.650M |
| YoY Change | -179.87% |
| Depreciation, Depletion And Amortization | $440.0K |
| YoY Change | -2.22% |
| Cash From Operating Activities | -$1.740M |
| YoY Change | -128.67% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$2.550M |
| YoY Change | 1600.0% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $0.00 |
| YoY Change | |
| Cash From Investing Activities | -$2.550M |
| YoY Change | 1600.0% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 0.000 |
| YoY Change | |
| NET CHANGE | |
| Cash From Operating Activities | -1.740M |
| Cash From Investing Activities | -2.550M |
| Cash From Financing Activities | 0.000 |
| Net Change In Cash | -4.290M |
| YoY Change | -172.47% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$1.740M |
| Capital Expenditures | -$2.550M |
| Free Cash Flow | $810.0K |
| YoY Change | -86.98% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2018 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16805991 |
